Oct 11, 2015 21:47 pm UTC| Commentary Central Banks
USDAsia crosses have pulled back sharply over the past week, following a disappointing US payrolls report, FOMC minutes signaling patience, and continued recovery in risky assets. YTD underperformers such as IDR and MYR...
Back to data watching as we await the 30 October BoJ
Oct 11, 2015 21:05 pm UTC| Commentary Central Banks
The Bank of Japan (BoJ) kept its monetary policy unchanged last week despite some market speculations for a surprise early action. Their inaction and relatively optimistic statements resulted in a rather limited reaction...
Domestic data to confirm BoE's cautious stance
Oct 11, 2015 20:23 pm UTC| Commentary Central Banks
UK CPI inflation (Tuesday) is expected to show a print of -0.1% m/m (consensus 0.0% m/m) in September, following a flat reading in August. On Wednesday, labour market data will be released. Unemployment in August is...
Chinese FX reserves data add to first signs of stabilisation
Oct 09, 2015 14:51 pm UTC| Commentary Central Banks
In China, data for FX reserves added to signs that the Chinese business cycle is bottoming. FX reserves fell by USD43.3bn, which was less than expected and a much smaller decline than in August, when reserves fell a record...

BoE rate hike likely in Feb 2016, subsequent higher rates to make GBP stronger
Oct 09, 2015 11:02 am UTC| Insights & Views Central Banks
The Bank of England kept its interest rates steady on Thursday as expected and showed no sign it was close to raising interest rates. Votes were split 8-1 once again to hold rates at a record lows, but the MPC voted...

Oct 09, 2015 10:59 am UTC| Commentary Central Banks
The Minutes of the September FOMC meeting was not expected to offer new signals regarding the timing of the first rate hike. First of all because FOMC chair Yellen had the opportunity to communicate at the press conference...
Inflation remains biggest worry of FED
Oct 09, 2015 09:28 am UTC| Insights & Views Central Banks
Latest FOMC minutes released last night revealed what FOMC participants chose to skip lift off in September, as inflation remains biggest concern for most of the policymakers. Policymakers are worried that recent adverse...